Day: January 4, 2018

Former Interscope chief executive and Apple Music chief Jimmy Iovine, who came to Apple through its acquisition of headphone maker Beats, will reportedly leave the company later this year — and will likely take a hefty payday with him when he does.
Source: macinsider

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Starting on Christmas Eve, App Store shoppers spent over $890 million in a period of just seven days, Apple revealed on Thursday, adding that people spent another $300 million on New Year’s Day alone.
Source: macinsider

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As Spotify grows its user base to over 70 million paid subscribers, the company has also filed in secret for public offering of shares of the company’s stock, but will make the shares available to the public in a non-traditional manner.
Source: macinsider

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Perhaps looking to get around licensing issues with H.265/HEVC, Apple has silently become a founding member of the Alliance for Open Media, a group working on a new video compression format known as AV1.
Source: macinsider

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Apple appears to be working on a new street-level store in Toronto, Canada, based inside an 85-story condominium at the corner of Yonge and Bloor, not far from Queen’s Park and the Royal Ontario Museum. [Updated with corrected stats]
Source: macinsider

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Apple’s new T2 chip in the iMac Pro is far more than a refinement of the family of sub-processors that launched in the 2016 MacBook Pro, with expanded responsibility encompassing FaceTime camera image quality, drive security, and total control over the boot process.
Source: macinsider

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Apple has leveled a lawsuit against Attac — the Association for the Taxation of Financial Transactions and Citizen’s Action — which ran protests at a number of French Apple stores on Dec. 2, including a brief occupation of the company’s flagship Opera store in Paris.
Source: macinsider

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The shutdown of Microsoft’s Groove Music service has eliminated music recognition capabilities in the software giant’s Cortana personal assistant, giving Apple’s Siri — and its tight integration with Shazam — a leg up on the competition.
Source: macinsider

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Samsung has launched its newest application processor for mobile devices, the Exynos 9 Series 9810, but claimed new features to the processor line, including depth-sensing face detection and deep learning capabilities, suggest Samsung may be borrowing some concepts from in Apple’s A11 Bionic, used in the iPhone 8 and iPhone X.
Source: macinsider